Economic inequality in Russia – skewed income and wealth distribution – increased sharply in the transition from a state socialist system to a capitalist market economy.
Today the shape of the new European Parliament was revealed, with the results marred by weak turnout and a ri
Fair tax regimes are vital to finance well-functioning states and to enable governments to uphold citizens’ rights to basic services, such as healthcare and education.
Oxfam’s Nicolas Mombrial said:
Oxfam's Nicolas Mombrial said: “The IMF and World Bank have admitted the dangers of skyrocketing inequality, but they’re not showing any concrete signs of dealing with the problem.
Countries can start tackling inequality today by triggering an “economic stimulus” directly into the pockets of those who need it most – by investing more in public services like health and education.
Public services like health and education are one of the strongest weapons in the fight against inequality.
Oxfam warns that in spite of the advances made in the last decade, Latin America and the Caribbean remains the region of highest wealth inequality in the world. Its elites continue to accumulate extreme wealth and excessive power.